News Releases

Washington, D.C. – On behalf of the Federal Housing Finance Agency (FHFA), Acting Director Edward J. DeMarco yesterday accepted the agency’s fourth consecutive Certificate of Excellence in Accountability Reporting (CEAR) award for the agency’s 2011 Performance and Accountability Report. The CEAR...

​Washington, D.C. – U.S. house prices rose modestly in the first quarter of 2012 according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only House Price Index (HPI). The FHFA HPI was up 0.6 percent on a seasonally adjusted basis since the fourth quarter of 2011. The...

Washington, D.C. – Federal Housing Finance Agency Acting Director Edward J. DeMarco today responded to a May 1 letter from Representatives Elijah Cummings and John F. Tierney about principal forgiveness. As part of the response, FHFA is releasing an April 12, 2012 letter and summaries of principal...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 3.90 percent based on loans closed in March. Beginning in March...

Washington, D.C. – Federal Housing Finance Agency Acting Director Edward J. DeMarco today announced the appointment of Denise Dunckel as Senior Associate Director for the Office of Congressional Affairs and Communications where she will manage all internal and external communications for FHFA. "I am...

Washington, D.C. – U.S. house prices rose 0.3 percent on a seasonally adjusted basis from January to February, according to the Federal Housing Finance Agency’s monthly House Price Index. While prices in January were unchanged according to initial estimates reported in the last HPI release, the...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has terminated all remaining provisions of the consent cease and desist order applicable to the Federal Home Loan Bank of Chicago (FHLBank). The order was terminated because of improvements in the FHLBank’s financial condition and capital...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to develop enhanced and aligned strategies for facilitating short sales, deeds-in-lieu and deeds-for-lease in order to help more homeowners avoid foreclosure. The effort will come in stages with the...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.08 percent based on loans closed in February. Beginning this...

Washington, D.C. – U.S. house prices were unchanged on a seasonally adjusted basis from December to January, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.7 percent increase in December was revised downward to reflect a 0.1 percent increase...